Equation 5 · Part 2 · The Metabolism of Civilization: Energy to 2100
Symbol z
What this part means
z is an argument of the function-like quantity on the left; its role is set by that function’s stated inputs.
Its job in the formula
z is an argument of the function-like quantity on the left; its role is set by that function’s stated inputs.
Full expression→Symbol z→Article meaning
The passage around this formula
…entire forecasting method on a stochastic version of it, fitted to more than fifty technologies’ historical cost and production records [ 1 ] . Written in its cleanest form, cost c at cumulative production (experience) z relates to a reference cost at reference experience by: . where the experience exponent b sets the learning rate LR = 1 - 2^{-b} , the fractional cost drop for every doubling of z . Way et al.'s working version of the same relationship is stated as a stochastic…
Learn the underlying idea
A variable is a named place for a value. Its letter is a local label: x can mean position in one formula and a data point in another.
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Sources cited in the surrounding passage
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